Vita Coco Company, Inc. 8K

The Vita Coco Company reported strong Q2 2026 results, expanded its share repurchase authorization, raised full-year 2026 guidance, and announced the acquisition of Copra, Inc., a super-premium coconut water producer.

The Vita Coco Company, Inc. reported strong second quarter 2026 financial results with net sales rising 28% year-over-year to $216 million, gross margin expanding to 49% largely due to tariff refunds and lower freight and product costs, and net income more than doubling to $49 million, while non-GAAP Adjusted EBITDA increased to $67 million. The company highlighted broad-based volume and pricing-driven growth in its Vita Coco Coconut Water and private label businesses across both Americas and International segments, and noted a solid balance sheet with $279 million in cash, no debt, lower inventories, and higher receivables tied to sales growth. Vita Coco also disclosed it has repurchased approximately $44 million of its common stock to date under its share repurchase program, with the board approving a further $40 million authorization on July 21, 2026, lifting total authorization to $105 million. In conjunction with the results, management raised full-year 2026 guidance, now expecting net sales of $790–$805 million, gross margin of about 40%, SG&A leverage versus 2025, and Adjusted EBITDA of $154–$161 million, reflecting continued category strength, strong private label trends, and inclusion of the balance-of-year results for Copra, Inc. The company additionally announced that on July 22, 2026, it acquired Copra, Inc., a leading producer of super-premium Thai Nam Hom coconut water, to expand its product offerings, while cautioning that geopolitical risks, tariff changes, and cost pressures could impact its outlook.

Filing Facts

CIK

1482981

Ticker

-

Form

8K

Source Type

sec

Accession

0001628280-26-049279

Alert Tier

7